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This excerpt taken from the PBI 10-K filed Mar 1, 2007. Outlook for 2007 We anticipate that we will experience solid financial results for the year 2007. We expect that we will continue to experience a changing mix of product line sales, where a greater percentage of the revenue will come from diversified revenue streams associated with fully featured smaller systems and a smaller percentage from larger system sales. In addition, we expect to continue our market expansion in both Mailstream Solutions and Mailstream Services and derive further synergies from our recent acquisitions. We will remain focused on disciplined expense control and will continue to allocate capital in order to optimize our returns. In December 2006, the United States Congress passed and President Bush signed into law the Postal Accountability and Enhancement Act which is the first major change to the United States Postal Service (USPS) since 1971. We believe that postal reform will set the stage for overall growth in the U.S. mailing industry. This new law enhances the stability of the USPS; provides rate flexibility; encourages increased use of technology; and encourages partnerships with the private sector. 10 |
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